53, MONARCH WAY, CARLTON COLVILLE, LOWESTOFT, NR33 8GH - £152,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

53 MONARCH WAY is a large extended detached house of 108m², built sometime between 2003 and 2006. It was last sold for £152,000 in November 2012, which was around 39% below the average November 2012 detached price in the East Suffolk local authority area. The most recent EPC inspection was November 2016, where the current energy rating was C, and the potential energy rating was B.

53 MONARCH WAY Sold Prices

Land registry data shows two sales for 53 MONARCH WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. Both of the two 53 MONARCH WAY sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2012 14 NOV	£152,000	£250,298	39% below HPI
2004 17 JUN	£147,950	£214,961	31% below HPI

53 MONARCH WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Suffolk local authority area over time, sourced from the HPI. The two 53 MONARCH WAY sales from June 2004 and November 2012 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the June 2004 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the November 2012 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 53 MONARCH WAY?

53 MONARCH WAY is 108m², which includes one extension, according to the EPC inspection conducted in November 2016. This puts it in the largest 40% of detached houses in Lowestoft, based on EPC data. The below chart shows the distribution of detached houses by size in Lowestoft, and where 53 MONARCH WAY lies on this distribution: 61% of detached houses are smaller than 53 MONARCH WAY, and 38% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

53 MONARCH WAY: Plot and Title Map

53 MONARCH WAY sits on a plot of roughly 0.056 of an acre, or 229m². The below map shows the location of 53 MONARCH WAY, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 53 MONARCH WAY). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 53 MONARCH WAY?

53 MONARCH WAY is located in CARLTON COLVILLE, in the NR33 postcode district. The below map shows the position of No. 53 on MONARCH WAY.